Overview
Are you tired of high electricity bills eating into your budget? Living in Artesia New Mexico, you have the perfect opportunity to save money by investing in solar panels for your home. By analyzing weather data specific to your area and comparing it to typical electricity costs, we can show you just how much you stand to save in the long run. With the financial benefits of switching to solar power, you can break even on your investment sooner than you might think. Let’s dive into the numbers and see how solar panels can help you save money and reduce your carbon footprint.
Artesia New Mexico Weather Trends
Artesia Precipitation
With only 6.99 inches of precipitation in the last year, Artesia is in the 1st percentile nationally and the 18th percentile in New Mexico. This means that your area receives significantly less rain compared to the national average of 50.61 inches and New Mexico’s average of 13.78 inches. By harnessing the power of solar panels, you can take advantage of the ample sunshine in Artesia to generate your own electricity.
Artesia’s UV Rating
Artesia boasts an impressive average UV rating of 5.67, placing it in the 91st percentile nationwide and the 88th percentile in New Mexico. The national average UV rating is 4.29, while New Mexico’s is at 4.67. Additionally, with an average max UV rating of 6.32, Artesia is ahead of the game, ranking in the 83rd percentile nationally and the 90th in the state. By installing solar panels, you can make the most of this abundant sunlight and reduce your dependency on traditional energy sources.
Artesia’s Cloud Cover
Artesia experiences an average cloud cover of 21%, placing it in the 2nd percentile nationally and the 29th percentile in New Mexico. This indicates that your area enjoys mostly clear skies, with the national average for cloud cover being 44.46% and New Mexico’s average at 22.75%. With 243 days of minimal cloud cover, 88 days with moderate cloud cover, 27 days with heavy cloud cover, and 6 days with overcast skies, you can rely on consistent sunshine to power your home using solar panels.
Artesia New Mexico Electricity Costs
Residential electricity costs in Artesia are around $0.13/kw, placing the city in the 76th percentile nationally and the 35th percentile in New Mexico. While the national average for electricity is also $0.13/kw, New Mexico’s average stands slightly higher at $0.15/kw. By investing in solar panels, you can offset these costs and take control of your energy bill while making a positive impact on the environment.
When could you expect to break even on a solar installation in Artesia New Mexico?
Considering the weather and electricity costs in Artesia, New Mexico, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Artesia receives significantly less precipitation than the national average, making it an ideal location for solar panels.
- The UV ratings in Artesia are higher than the national average, indicating great potential for solar power generation.
- Artesia has lower cloud cover compared to the national average, with many days having very little to no cloud cover.
Now, let’s consider the electricity costs:
- Residents in Artesia pay the same amount for electricity compared to the national average, which is beneficial for solar power savings.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- The system generates electricity, reducing the need to purchase electricity from the grid, especially in a location like Artesia with a good solar potential.
- With electricity costs at the national average, the savings from using solar power will still be significant over time.
After analyzing the data, it appears that it would take around 5-7 years to cover the initial cost of the solar panels. This means that after this initial period, the savings on electricity bills will start to accumulate and pay off the investment. Additionally, since solar panels have a long lifespan, the savings will continue for many years beyond the break-even point. Investing in solar panels is a smart way to save money and contribute to environmental sustainability.
Investing in solar power in Artesia New Mexico
After analyzing the data on weather trends and electricity costs in Artesia, New Mexico, it is clear that investing in solar panels can lead to significant savings and a positive impact on the environment. With the abundant sunlight in Artesia and the relatively low electricity costs, residents can break even on their investment in solar panels within 5-7 years. This initial period of investment is outweighed by the long-term benefits of reduced electricity bills and a smaller carbon footprint. By choosing solar power, residents in Artesia can not only save money but also contribute to a more sustainable future.